Article title: "Dow Jones Futures Jump After Coronavirus Stock Market Sell-Off Continues; Disney, Salesforce, Virgin Galactic, Insulet Move On News"
Excerpt: Dow Jones futures rose 0.8% vs. fair value. S&P 500 futures climbed 0.8%. Nasdaq 100 futures popped 0.9%. Dow Jones futures have been volatile.
How a +1% from the low of the new daily looks:
I'd love to be an author for these types of articles.
Anyway, I'm interested in this insane gap retrace and how to hedge against it. For tech, going long on TSM makes sense as its one of the top producers for Apple and AMD. It makes double sense because the current U.S. presidential administration has talks of banning their chips because of spies. Very cold war esque way of getting stocks on the low.
This is with the intention of holding AMD put options and looking for an entry into TSM or XLK with a longer expiry.
The other easy option is to go into a stable currency. Fumbamentally, gold as a store of value is a farce since it broke its 'always go up' trend a few years back and now the supply is majority owned by the U.S. government. It's the Dollar Gold. What could happen:
1) Market recovers tomorrow and gold is dumped back to the mines because it costs to secure it.
2) Market doesn't and, in your moment of despair, have to sell your gold at a low to be able to eat.
3) Gold hoarding and debt growth was actually a secret tactic by the U.S. to destabilize currencies and make gold the new money. Possibly dragon origin.
Daily DJI futures hit oversold on VZO, should be alright:
Excerpt: Dow Jones futures rose 0.8% vs. fair value. S&P 500 futures climbed 0.8%. Nasdaq 100 futures popped 0.9%. Dow Jones futures have been volatile.
How a +1% from the low of the new daily looks:
I'd love to be an author for these types of articles.
Anyway, I'm interested in this insane gap retrace and how to hedge against it. For tech, going long on TSM makes sense as its one of the top producers for Apple and AMD. It makes double sense because the current U.S. presidential administration has talks of banning their chips because of spies. Very cold war esque way of getting stocks on the low.
This is with the intention of holding AMD put options and looking for an entry into TSM or XLK with a longer expiry.
The other easy option is to go into a stable currency. Fumbamentally, gold as a store of value is a farce since it broke its 'always go up' trend a few years back and now the supply is majority owned by the U.S. government. It's the Dollar Gold. What could happen:
1) Market recovers tomorrow and gold is dumped back to the mines because it costs to secure it.
2) Market doesn't and, in your moment of despair, have to sell your gold at a low to be able to eat.
3) Gold hoarding and debt growth was actually a secret tactic by the U.S. to destabilize currencies and make gold the new money. Possibly dragon origin.
Daily DJI futures hit oversold on VZO, should be alright:
My published indicators: www.tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
LRCX, Lam Research, is "home grown", aka based in the United States, and would likely not suffer the overhead that COVID-19 brings. That said, I'm not so sure on investing in chip manufacturers until the wind clears...shortages should drive stock price down right? So who supplies the suppliers is the question...lol